Conrad Maestro is buying shares in a mutual fund that seeks rapid price appreciation by purchasing stocks whose price is expected to increase dramatically in a short period of time. What type of mutual fund is he purchasing?

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Conrad Maestro is purchasing a mutual fund that seeks rapid price appreciation, which is a characteristic of aggressive growth funds. These funds typically invest in high-growth potential stocks and therefore carry a higher degree of risk than other types of mutual funds.

Conrad Maestro Is Buying Shares in a Mutual Fund That